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20121231
20121231
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of china selected new leaders, the secretive process produced a new president, l.a. lakers fan married to a rock star. but china's foreign policies are likely to stay the same. number five, moment morsi, islamist group, became president of egypt. as his predecessor, dictator ousted by his people, went on trial from his hospital bed. morsi impressed the west by helping to broker the cease fire that ended an outbreak of warfare between hamas and israel. he then disappointed many by aawarding himself sweeping power s at home, triggering new outbursts in tahrir square. number four, israel and hamas brought fuel on the fiery west in the region. one side firing rockets. for the first time, israel felt vulnerable in jerusalem and tell aaveev. before the big guns of diplomacy helped to broker a cease fire. number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest mont
in china fueled most markets this morning. the shanghai composite gained more than 1.5% while hong kong's hang seng lost a fraction and tokyo's nikkei was closed for the holiday. >>> today is the last trading day of the year on wall street. investors are keeping a close eye on the "fiscal cliff" negotiations. with the deadline at midnight, let's head to wall street see where we stand as investors are watching closely to see what happens. as you can see the dow and the nasdaq are mixed at this point. the dow is down by 23 points. the nasdaq is higher by almost 7 points. >>> ford motors had another banger -- banner year. they said they sold 2.2 million vehicles in the u.s. in 2012. that's up from 2.1 million last year. the ford focus is their most popular model. this is the second year in a row ford has topped two million in sales. the only u.s. car company to do that. >>> and there may not be many happy returns this year especially if you don't have your receipt. the national retail federation says $63 billion worth of presents will be taken back to stores but receipts could be critical
, egypt, seara iran, russia, china. it will be a big year for senator kerry. >> if confirmed. a lot of people think 2016. we hear about jeb bush. what about this year? >> the bush family brand was clearly damaged between 2001 and 2009. the outpouring of love for george h.w. bush in the last week shows us that that clan still has clout and a lot of impact in the u.s. whatever jeb bush does in 2016, now is the time for him to have -- he has already begun doing this, stab himself as an ideological cornerstone for his party. he can draw his party back to the reasonable center. >> do you suspect he will make the move? >> that will be hard for him especially with the wide open primary. >> let's move on to business in 2013. marisa mayer coming to yahoo! from google. >> the fact she's a woman, so very young, announced her pregnancy on the day she was announced as the new head of yahoo!. none of that matters to yahoo!. is she going to acquire apps, acquire a tech company? the fact that they released a new flicker that can compete with instagrahm and did it the day before instagram had their
europe by a long shot, and we're seeing slowing in a lot of other major economies, including china, india, brazil. is there some sense that, just like the u.s. set off all of this nonsense back in 2008, a u.s. retrenchment, as you call it, a slowdown in growth caused by the fiscal cliff, could boomerang around the world and actually push the united states further back? >> there's no question. a self-defeating, downward spiral would begin if the worst effects of the fiscal cliff come into effect, and they're not reversed. and you don't even have to wait for the full magnitude which would, as you rightly know, ali, it's not a cliff, it's a slope. it's an ever-increasing slope over several months. you don't even have to wait long. you've only got to see what would happen when the social security withholdings start increasing, the withholding tax starts to move up. then you see that boomeranging effect we talked about. >> you and i have made fun of a lot of the europeans who have not been able to get their act together. when you look at the united states, who's messing it up more? >> it is --
how about a dip in the a frozen river? part of annual tradition in north even china. hundreds of people gather to honor the country's national swimming day and. they don't have a problem with the cold water but the air temperature, 18 below zero. that could be a little nippy. uma: indeed a refreshing little dip there. jon: that i would not do. uma: that you would not do. jon: not in 18 below. uma: no way. defiant new move out of the iran, test firing missiles near one of the most important passageway for the world's oil supply. what this could mean next. >>> plus a shell oil drill ship stranded at sea. how it happened and what the coast guard is doing to get it safely back to port. uma: we are following some disturbing developments out of iran. the country's navy is reportedly test firing a range of weapons including torpedoes and missiles near the strategic strait of hormuz, a vital passageway for 1/5 of the world's oil supplies. joining us to the discuss the possible ramifications, aaron david miller, a former advisor to six secretaries of state and vice president of the woo
Search Results 0 to 4 of about 5